Legal Disclaimer

Adelphi Capital LLP ("Adelphi") is authorised and regulated by the Financial Conduct Authority ("FCA") in the United Kingdom. Additionally, in accordance with the requirements of the United States Investment Advisers Act of 1940 ("Advisers Act"), Adelphi is registered as an investment adviser with the United States Securities and Exchange Commission ("SEC").

The information within this site is issued by Adelphi to sophisticated investors who are professional clients or eligible counterparties under the Rules of the FCA and "Accredited Investors" as defined in Regulation D promulgated under the U.S Securities Act 1933, as amended ("the Securities Act") and "Qualified Purchasers" as defined under the U.S Investment Company Act 1940, as amended ("the Company Act"). Access to this website from certain countries may be restricted by law and you are required to determine that you are permitted to access it.

Most, if not all, of the protections provided by the United Kingdom regulatory system will not apply to investments in the products detailed within this site.

No information or opinions contained in this site constitute a solicitation or offer by Adelphi to buy or sell securities or to furnish any investment advice or service.

This site is intended as a general introduction to Adelphi and its products. It does not provide specific investment advice nor does it represent that the services described are suitable for any specific investor. Moreover, the information contained in this site does not provide a basis for making a fully informed investment decision. Interested persons should contact us to request a copy of the relevant offering documents. Also, please note that investment in markets traded by Adelphi involve significant risk. Furthermore, past performance does not guarantee future results.

The contents of this site are not intended for distribution to, or use by, any individual or entity in any jurisdiction where their distribution or use would be contrary to local law or regulation or which would subject Adelphi to registration with the jurisdiction. You should be aware that any rules and/or regulations applicable to providing financial services (and the resultant investor protections that may be available), may not apply to persons who obtain information from the internet and its various applications, of which this material forms part.

Telephone, electronic and other communications and conversations with Adelphi and/or its associated persons may be recorded and retained. Under the European Union’s General Data Protection Regulation (GDPR), Adelphi has an obligation to provide information on its use of personal data to individuals whose personal data it holds and uses. This is explained in our Privacy Notice which can be found in the footer of this website.

Information contained on this site, including pricing, valuation, and commentary reflects analysis and other information available as at, either the time such information was posted in the site or as otherwise at the date indicated. While any opinions, commentaries, data, pricing and all other information contained on this site are believed to be reliable, Adelphi cannot and does not guarantee its accuracy, timeliness or completeness, nor is Adelphi under any obligation to update such information.

The information made available to you through this website does not constitute an offer to sell or a solicitation of an offer to purchase interests in any fund managed by Adelphi Capital LLP (“Adelphi”). Any such offer or solicitation will be made only through a private offering pursuant to a confidential private placement memorandum and related subscription documents. This website does not purport to be all-inclusive and does not contain all material information that a prospective investor may desire when contemplating making an investment. Adelphi, its affiliates, and their respective officers, agents, and employees do not warrant the accuracy, adequacy, or completeness of the information contained on this website and expressly disclaim liability for errors or omissions in the information. Additional information is available upon request.

Information provided reflects Adelphi’s views as of a particular time. Such views are subject to change at any point and Adelphi shall not be obligated to provide notice of any change. While Adelphi has used reasonable efforts to obtain information from reliable sources, we make no representations or warranties as to the accuracy, reliability, or completeness of third party information presented herein. Any forward looking statements or forecasts are based on assumptions and actual results are expected to vary from any such statements or forecasts. No reliance should be placed on any such statements or forecasts when making any investment decision. Any links to other sites are not intended as referrals or endorsements, but are merely provided for convenience and informational purposes. Use of any information obtained from such addresses is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness.

An investment in the Fund(s) is speculative and involves a high degree of risk. Opportunities for withdrawal/redemption and transferability of interests will be restricted, so investors may not have access to capital when it is needed. There is no secondary market for the interests in the Funds, and none is expected to develop. As with any investment strategy, there is potential for profit as well as the possibility of loss. No guarantee of investment performance is being provided and no inference to the contrary should be made. Past performance is not indicative of future results.

For investor queries:

Legal disclaimer

Adelphi Capital LLP (“Adelphi”) is authorised and regulated by the United Kingdom Financial Conduct Authority ("FCA"). Additionally, in accordance with the requirements of the United States Investment Advisers Act of 1940 ("Advisers Act"), Adelphi is registered as an investment adviser with the United States Securities and Exchange Commission (“SEC”).

The information within this site is issued by Adelphi to sophisticated investors who are professional clients or eligible counterparties under the Rules of the FCA and “Accredited Investors” as defined in Regulation D promulgated under the U.S Securities Act 1933, as amended (“the Securities Act”) and “Qualified Purchasers” as defined under the U.S Investment Company Act 1940, as amended (“the Company Act”).
Access to this website from certain countries may be restricted by law and you are required to determine that you are permitted to access it.

Most, if not all, of the protections provided by the United Kingdom regulatory system will not apply to investments in the products detailed within this site.

No information or opinions contained in this site constitute a solicitation or offer by Adelphi to buy or sell securities or to furnish any investment advice or service.

This site is intended as a general introduction to Adelphi and its products. It does not provide specific investment advice nor does it represent that the services described are suitable for any specific investor. Moreover, the information contained in this site does not provide a basis for making a fully informed investment decision. Interested persons should contact us to request a copy of the relevant offering documents. Also, please note that investment in markets traded by the Adelphi involve significant risk. Furthermore, past performance does not guarantee future results.

The contents of this site are not intended for distribution to, or use by, any individual or entity in any jurisdiction where their distribution or use would be contrary to local law or regulation or which would subject Adelphi to registration with the jurisdiction. You should be aware that any rules and/or regulations applicable to providing financial services (and the resultant investor protections that may be available), may not apply to persons who obtain information from the internet and its various applications, of which this material forms part.

By proceeding you agree, so far as this is permitted under the provisions of the UK and US regulatory system, to the exclusion by us of any liability, including without limitation that arising from any loss of profit or any other damage direct or consequential, in respect of any errors and/or omissions by us and/or any relevant third parties in respect of the content. This paragraph will not exclude any liability for, or remedy in respect of, fraudulent misrepresentation. This website is published solely for informational purposes and has no regard to specific investment objectives, financial situation or particular needs of any person. Any opinions or estimates included herein constitute a judgment as of the date of publication and are subject to change without notice. Similarly, any documents or other information included or posted on this website are subject to change, replacement or withdrawal without notice. It is the responsibility of users of this website to ensure they are aware of the current documentation and information published on this website from time to time. No reliance may be placed for any purpose on the information and opinions contained in this website or their accuracy or completeness and no representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this website.

The products described on the site include unregulated collective investment schemes. Their promotion or offering in the United Kingdom is restricted to institutions or individuals falling within COBS 4.12, Chapter 4 of the FCA Handbook, and the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes (Exemptions) Order 2001).

When viewing any area of the site related to an unregulated fund, you confirm that you are authorised to carry out investment business under FSMA or are a person falling within the eligible categories of permitted investors (Rule 4.12, COBS Chapter 4 of the FCA Handbook, and the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes (Exemptions) Order 2001)).

By proceeding you confirm: that you are not a private or retail investor or subject to any jurisdictional restrictions permitting access to information on unregulated collective investment schemes and that you fall within one of the permissible categories under Rule 4.12, COBS Chapter 4 of the FCA Handbook, and the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes (Exemptions) Order 2001.

Distribution of information contained on this site is strictly prohibited without express permission from Adelphi.

Under the European Union’s General Data Protection Regulation (GDPR), Adelphi has an obligation to provide information on its use of personal data to individuals whose personal data it holds and uses. This is explained in our Privacy Notice which can be found in the footer of this website.

Please read the Terms above carefully which may be subject to change without notice. By clicking ‘I accept’ below you agree to be bound by the Terms above.